News
TAIPEI – Compal raised its shipments forecast for the current quarter, guiding for a 20% sequential gain.
FREMONT, CA – Juki Automation Systems has opened a Western US headquarters here. At 13,500 sq. ft., the facility facility is four times larger than Juki’s previous location.
The moves, which took place in three regions, are expected to reduce spending by $5 million annually.
The company is taking a pretax first-quarter charge of approximately $1.9 million.
MONTREAL – Once a growing EMS company with three sites in Canada, Triton Electronik has closed its doors.
FRAMINGHAM, MA -- Worldwide server factory sales fell 30.1% year-over-year to $9.8 billion in the second quarter, IDC said this week.
Gary R. Fairhead, president and chief executive, said, "As noted in our last press release on Dec. 9, we experienced a drop in revenue of approximately 30% the first week of our third quarter when compared to the prior month's run rate, and that trend continued through the entire quarter. Current indications are that our revenue will continue at approximately the same rate for the short term. Beyond that, the uncertainty associated with the worldwide economy in general and the US economy specifically make forecasting close to impossible. All of our customers' markets remain volatile, and I believe we will continue to see lower revenues and volatility until at least the fall of 2009."
At the end of January the company laid off 72 employees in its US operations and has implemented salary reductions for all remaining non-union US payroll employees.
Press Releases
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- Changes in Incap’s Management Team: Incap updates its leadership model to support its growth strategy
- Niche Electronics Celebrates Completion of Florida Expansion
- Microscreen Names Nik Thomas Director, Expands Leadership Role Amid Continued Organizational Growth